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1,600 back on public payroll
DESPITE the Minnis administration’s criticism of the previous government’s hiring practices, there are plans to allocate $8m for new hires in the upcoming fiscal year in addition to the 1,600 people re-engaged since 2017.
$100M Gov't bond 'oversubscribed'
The Central Bank of the Bahamas’ governor last night confirmed that the Government’s latest $100 million bond issue was “oversubscribed”, with a portion of the funds raised potentially funding its share of Baha Mar’s infrastructure works.
Realtor in property management division
Mario CareyRealty has announced the launch of its property management division, headed by a multi-lingual property management specialist and staffed by a veteran professional with 15 years’ experience in the US, Europe and South America.
Halkitis: Balanced approach to avoid downgrade
MINISTER of State for Finance Michael Halkitis said the government is taking a “balanced approach” to growing the economy and better managing expenditure in an effort to prevent a downgrade of the Bahamas’ sovereign credit rating.
Knowles to team up with Hanley for Wimbledon
FOR the past 21 years, Mark Knowles has not missed a trip to London, England, to participate in Wimbledon – the most prestigious Grand Slam Tournament on the ATP circuit.
In heavy rain, Sharapova beats Li Na to retain Italian Open title
By DANIELLA MATAR Associated Press ROME (AP) -- Maria Sharapova successfully defended her Italian Open title Sunday, beating Li Na 4-6, 6-4, 7-6 (5) in a wild match in which play was twice interrupted by rain and the red clay turned to mud. "The match was
Gov’t generates $6m surplus for January
The Government generated a modest $6m Budget surplus during January 2023, which enabled it to enjoy a rare month when its direct debt actually shrank albeit only by $8.5m.
BOB appoints first ever female chair
Bank of The Bahamas yesterday said it has appointed its first-ever female chair with attonery Donna Harding-Lee taking over the post with effect from March 18 following the necessary Central Bank approval.
Manchester clubs must rally or face Europa exit
By PAUL LOGOTHETIS AP Sports Writer MADRID (AP) -- Manchester rivals United and City are well clear at the top of the Premier League standings but are playing for survival in continental competition this week in the Europa League. United is trailing 3-2 a
Manchester clubs must rally or face Europa exit
By PAUL LOGOTHETIS AP Sports Writer MADRID (AP) -- Manchester rivals United and City are well clear at the top of the Premier League standings but are playing for survival in continental competition this week in the Europa League. United is trailing 3-2 a
Buccaneers take the gold in soccer
New Providence sweeps both divisions in 6th Bahamas Games
The New Providence Buccaneers continue to steamroll the competition in the various sporting disciplines with soccer being the latest in the Bahamas Golden Jubilee Games.
Govt 'gives no favours'over duty rate revision
A Bahamian juice drink manufacturer yesterday said “government hasn’t done us any favours” despite partially reversing its decision to eliminate the 60 per cent tariff on rival imports.Mervin Sweeting, Switcha Bahamas’ chief executive, told that Trib
Govt ‘reconsiders’ $1m residency bar following push back
A Cabinet Minister yesterday conceded that the Government had been forced to “reconsider” plans to double the permanent residency investment threshold to $1 million, due to the “considerable pushback” by realtors and developers.
IAN FERGUSON: Training investment vital to all businesses
Would it not be great if every employee hired possessed all the professional skills needed to work in a company? No longer would we need to place so much emphasis on training new workers on the basics of teamwork, productivity, communication and customer service.
Turnquest: 865 fewer people in public sector
DEPUTY Prime Minister and Minister of Finance Peter Turnquest pushed back yesterday against the claim of major public sector firings under the Minnis administration, saying 865 fewer people were employed in the public sector between June and December
Nottage speaks
FINALLY, the Minister of National Security, the Hon. Dr Bernard Nottage has broken his silence on the recent crime spree in New Providence. But will his rant in the House of Assembly cause a crime solution to be effected?
NPBA: Eagles Nest and Rockets in the win column
THE Leno Eagles Nest and the Discount Distributors Rockets emerged victorious in the two New Providence Basketball Association games at the AF Adderley Gymnasium on Monday night.
EDITORIAL: No cause for alarm or the elephant in the room?
IS the country’s level of debt and its deficit something to worry about, or not?
Exemptions are a cruel gimmick
By its nature, a Value Added Tax affects the whole domestic eco-system of an economy. It applies to everything. That is how it is intended and that is its strength. As such, the application of “exemptions” is meaningless, because everywhere the recipient of the exemption turns, he still has to pay VAT in order to use the money he has “saved” via the exemption.
Govt backs ‘mandatory’ property insurance call
The government has “agreed” that property insurance must be mandatory throughout The Bahamas with Dorian-related reinsurance inflows giving the external reserves a $1.3bn boost.
